purify digital ltd

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purify digital ltd Company Information

Share PURIFY DIGITAL LTD

Company Number

08714197

Shareholders

flame group ltd.

Group Structure

View All

Industry

Other information service activities n.e.c.

 

Registered Address

5 st john's lane, london, EC1M 4BH

purify digital ltd Estimated Valuation

£398.7k

Pomanda estimates the enterprise value of PURIFY DIGITAL LTD at £398.7k based on a Turnover of £456.2k and 0.87x industry multiple (adjusted for size and gross margin).

purify digital ltd Estimated Valuation

£16.4k

Pomanda estimates the enterprise value of PURIFY DIGITAL LTD at £16.4k based on an EBITDA of £3.2k and a 5.11x industry multiple (adjusted for size and gross margin).

purify digital ltd Estimated Valuation

£550.8k

Pomanda estimates the enterprise value of PURIFY DIGITAL LTD at £550.8k based on Net Assets of £230.1k and 2.39x industry multiple (adjusted for liquidity).

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Purify Digital Ltd Overview

Purify Digital Ltd is a live company located in london, EC1M 4BH with a Companies House number of 08714197. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in October 2013, it's largest shareholder is flame group ltd. with a 100% stake. Purify Digital Ltd is a established, micro sized company, Pomanda has estimated its turnover at £456.2k with declining growth in recent years.

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Purify Digital Ltd Health Check

Pomanda's financial health check has awarded Purify Digital Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £456.2k, make it smaller than the average company (£1.2m)

£456.2k - Purify Digital Ltd

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (7.6%)

-30% - Purify Digital Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 68.4%, this company has a comparable cost of product (68.4%)

68.4% - Purify Digital Ltd

68.4% - Industry AVG

profitability

Profitability

an operating margin of -4% make it less profitable than the average company (5.8%)

-4% - Purify Digital Ltd

5.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (20)

2 - Purify Digital Ltd

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)

£35.9k - Purify Digital Ltd

£35.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £228.1k, this is more efficient (£76.3k)

£228.1k - Purify Digital Ltd

£76.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 71 days, this is later than average (35 days)

71 days - Purify Digital Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 170 days, this is slower than average (31 days)

170 days - Purify Digital Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Purify Digital Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 46 weeks, this is less cash available to meet short term requirements (68 weeks)

46 weeks - Purify Digital Ltd

68 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.9%, this is a higher level of debt than the average (36.3%)

49.9% - Purify Digital Ltd

36.3% - Industry AVG

PURIFY DIGITAL LTD financials

EXPORTms excel logo

Purify Digital Ltd's latest turnover from December 2023 is estimated at £456.2 thousand and the company has net assets of £230.1 thousand. According to their latest financial statements, Purify Digital Ltd has 2 employees and maintains cash reserves of £182.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover456,178459,428983,8711,328,8731,482,0501,759,9062,102,8427,497,4811,527,4911,564,963
Other Income Or Grants
Cost Of Sales144,207173,673321,931450,498571,396684,362716,2192,881,461605,120602,249
Gross Profit311,971285,755661,940878,375910,6541,075,5451,386,6244,616,020922,371962,714
Admin Expenses330,351243,410570,890779,084866,6581,069,4531,378,5464,504,142889,1051,056,419
Operating Profit-18,38042,34591,05099,29143,9966,0928,078111,87833,266-93,705
Interest Payable3,6866,5097,7147,4787,8305,124953362
Interest Receivable11,0468,9247092009021,7991,7974899048
Pre-Tax Profit-11,02044,76084,04592,01337,0672,7678,922112,00533,356-93,657
Tax-8,504-15,968-17,482-7,043-526-1,695-22,401-6,671
Profit After Tax-11,02036,25668,07674,53030,0242,2417,22789,60426,685-93,657
Dividends Paid
Retained Profit-11,02036,25668,07674,53030,0242,2417,22789,60426,685-93,657
Employee Costs71,75769,15063,08758,47860,40759,06955,9153,672,677825,666877,621
Number Of Employees22222221292933
EBITDA*3,21242,34594,669119,75370,59836,48335,258116,11833,484-93,705

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets107431755
Intangible Assets53,30157,72341,75125,70339,06774,764106,262110,92636,622
Investments & Other11111111
Debtors (Due After 1 year)
Total Fixed Assets53,30257,72441,75225,70339,06874,764106,370111,35837,377
Stock & work in progress
Trade Debtors89,82195,534220,989323,553383,685449,094630,014888,880167,649147,977
Group Debtors45,0834,1761,103
Misc Debtors88,73187,11118,04728,70932,689108,893265,04623,2517,591
Cash182,407238,406271,542295,316105,464135,011344,693374,16216,96819,067
misc current assets
total current assets406,043425,227510,579647,579522,942692,9981,239,7541,286,293192,208167,044
total assets459,345482,951552,331673,282562,009767,7621,346,1241,397,651229,585167,044
Bank overdraft2,00918816,31919,00714,45916,28917,74711,582
Bank loan9,87211,90145,10337,64338,860117,785
Trade Creditors 67,46187,610110,04249,751164,577224,130520,590367,514145,286260,601
Group/Directors Accounts33,17715,12019,128187,21937,06450,193175,198132,83079,724
other short term finances
hp & lease commitments
other current liabilities90,40190,706110,779147,381198,558327,134598,634859,81271,447
total current liabilities202,920205,525301,371441,002453,520735,5311,312,1701,371,738296,457260,601
loans16,20725,34838,16990,60644,615
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions10,12710,9677,9324,8831,6343,9623,181
total long term liabilities26,33536,31646,10295,49046,2503,9633,181
total liabilities229,255241,841347,473536,492499,770735,5311,316,1331,374,919296,457260,601
net assets230,090241,109204,858136,79062,23932,23129,99122,732-66,872-93,557
total shareholders funds230,090241,109204,858136,79062,23932,23129,99122,732-66,872-93,557
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit-18,38042,34591,05099,29143,9966,0928,078111,87833,266-93,705
Depreciation106332324218
Amortisation21,5923,61920,46226,60230,28526,8473,916
Tax-8,504-15,968-17,482-7,043-526-1,695-22,401-6,671
Stock
Debtors36,815-52,215-113,226-65,215-140,509-337,074-17,071736,89127,263147,977
Creditors-20,149-22,43260,291-114,826-59,552-296,461153,076222,228-115,315260,601
Accruals and Deferred Income-305-20,073-36,602-51,177-128,576-271,500-261,178788,36571,447
Deferred Taxes & Provisions-8403,0353,0493,2491,634-3,9627813,181
Cash flow from operations-54,89746,586218,6654,73217,570-198,892-56,688370,600-44,31818,919
Investing Activities
capital expenditure-17,169-15,972-19,668-7,0979,0941,215-22,191-78,220-37,595
Change in Investments1
cash flow from investments-17,169-15,972-19,668-7,0979,0941,215-22,191-78,221-37,595
Financing Activities
Bank loans-2,029-33,2027,460-1,217-78,925117,785
Group/Directors Accounts18,056-4,007-168,091150,154-13,129-125,00542,36853,10679,724
Other Short Term Loans
Long term loans-9,141-12,821-52,43745,99144,615
Hire Purchase and Lease Commitments
other long term liabilities
share issue-4-921-15-132100
interest7,3602,415-7,005-7,278-6,928-3,3258441279048
cash flow from financing14,246-47,619-220,082187,671-54,382-10,54643,24453,23379,814148
cash and cash equivalents
cash-55,999-33,137-23,774189,852-29,546-209,683-29,469357,194-2,09919,067
overdraft1,821-16,131-2,6884,548-1,830-1,4586,16511,582
change in cash-57,820-17,006-21,086185,304-27,716-208,225-35,634345,612-2,09919,067

purify digital ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Purify Digital Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for purify digital ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC1M area or any other competitors across 12 key performance metrics.

purify digital ltd Ownership

PURIFY DIGITAL LTD group structure

Purify Digital Ltd has no subsidiary companies.

Ultimate parent company

FLAME GROUP LTD

#0096810

1 parent

PURIFY DIGITAL LTD

08714197

PURIFY DIGITAL LTD Shareholders

flame group ltd. 100%

purify digital ltd directors

Purify Digital Ltd currently has 2 directors. The longest serving directors include Mr Christopher Humby (Apr 2014) and Mr Ran Gazit-Berger (Apr 2014).

officercountryagestartendrole
Mr Christopher Humby63 years Apr 2014- Director
Mr Ran Gazit-BergerEngland50 years Apr 2014- Director

P&L

December 2023

turnover

456.2k

-1%

operating profit

-18.4k

0%

gross margin

68.4%

+9.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

230.1k

-0.05%

total assets

459.3k

-0.05%

cash

182.4k

-0.23%

net assets

Total assets minus all liabilities

purify digital ltd company details

company number

08714197

Type

Private limited with Share Capital

industry

63990 - Other information service activities n.e.c.

incorporation date

October 2013

age

12

incorporated

UK

ultimate parent company

FLAME GROUP LTD

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

NYMAN LIBSON PAUL

auditor

-

address

5 st john's lane, london, EC1M 4BH

Bank

-

Legal Advisor

-

purify digital ltd Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to purify digital ltd.

purify digital ltd Capital Raised & Share Issues BETA

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purify digital ltd Companies House Filings - See Documents

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